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Re: presidentsclub post# 10437

Wednesday, 01/06/2016 6:08:56 PM

Wednesday, January 06, 2016 6:08:56 PM

Post# of 74390
Na man... or at least not until 15 days before the expiration of the first note; so approximately 75 days from now. Until then, there is no reason to try to short or suppress this yet. The costs to hold it down for that long would be tremendous and the position would grow very large - which would indicate heavy exposure to losses should one of the companies JV's go through.

I think they're probably just alright with the 5% normal repayment schedule with the chance for cheapy shares and/or 130% of normal interest on prepayment before deadlines. Not to mention building a relationship for future transactions.

Just my honest opinion, but it takes a bit more work to press on a SP for that long than you think.

-Lord